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2015 (1) TMI 1090 - CESTAT NEW DELHIDenial of CENVAT Credit - credit on rough forged rolls - Held that:- Observation of Commissioner (Appeals) that Machined rolls made from forged rolls being a essential component of rolling mill and classifiable under Central Excise tariff Chapter Heading 84; thus forged rolls are inputs used for manufacture of specified capital goods i.e. machine rolls and as such are admissible for Cenvat credit in terms of Rule 2(k) of Cenvat Credit Rules, 2004, cannot be found faulted. Therefore, same is upheld - Decided against Revenue.
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